Edmonds Market Update: November 2026

Here is the November read on the Edmonds market, straight from the numbers. The short version: prices have flattened, not fallen, supply is the loosest it has been in years, and buyers finally have room to negotiate without the pressure of a couple of years ago. Edmonds is still the premium market at the south end of the county, and the numbers below reflect that.

The Edmonds numbers

The freshest published data still points to a median sale price around $950,000 to $1 million. NWMLS put the city's median at $949,500 in its September report, up about 1 percent from a year earlier, with single-family homes at $1,112,500 and condos and townhomes at $725,000. Redfin's rolling three-month median runs higher, around $1.0 million, up about 7 percent year over year. The trackers count differently, but the shape is the same: prices holding, growth modest.

The listing side is a different number. The median list price in Edmonds was around $1.2 million in October, which is normal for a city where waterfront and Bowl-view homes sit far above the median sale figure. Sales have been closing at about 99 percent of asking, so homes priced realistically are still getting sold, just not in a frenzy.

Days on market and supply

Homes are taking a median of roughly 15 to 20 days to go pending, with some listing-side averages running higher depending on the tracker. That is slower than the single-digit paces of a couple of years ago, and it is exactly the breathing room buyers need to compare options.

Supply is the bigger headline. Active listings in Edmonds are running between roughly 220 and 280, with months of supply around 3.2, up from about 1.8 a year ago. Statewide, NWMLS data published October 28 puts Washington at about 4.1 months of inventory, the most balanced supply picture in a while. The countywide median was about $720,000 in September, essentially flat year over year.

What it means if you are buying

You have real choices in Edmonds for the first time in years: more listings, longer windows to decide, and sales coming in at asking instead of above it. The premium itself has not gone anywhere, so the trade-off is the same as it has always been. You are paying for the Sound, the ferry, and the walkable Bowl. The difference now is you can be picky about condition and price per square foot before you write an offer.

What it means if you are selling

Inventory is your competition. Buyers can compare your home against several others, so this is no longer a price-it-high-and-see market. Price to the market from day one, deal with condition before you list, and use marketing that actually reaches local buyers. Homes that do that are still going pending in two to three weeks, and often right at asking.

The takeaway

The honest summary: a balanced market, flat prices, and the most inventory Edmonds has seen in years. If you have been waiting for a softer market to move up or buy, this is the closest it has been since the run-up. If you want to know what your home is worth today, or what the current inventory looks like in your price range, that is a conversation Curt is glad to have, no pressure.